Jason Clive sold two of his racehorses for USD 9,975 each. In selling one, he had made a profit of 5%, but he had incurred 5% loss in selling the other. Overall, how much profit or loss did he make?

Jason Clive sold two of his racehorses for USD 9,975 each. In selling

1.	Jason Clive sold two of his racehorses for USD 9,975 each. In selling one, he had made a profit of 5%, but he had incurred 5% loss in selling the other. Overall, how much profit or loss did he make?
A.	No profit, no loss
B.	0.5% profit
C.	0.25% loss
D.	0.25% profit
Answer» D. 0.25% profit

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Jason Clive sold two of his racehorses for USD 9,975 each. In selling one, he had made a profit of 5%, but he had incurred 5% loss in selling the other. Overall, how much profit or loss did he make?

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